Thursday closed down -420 (-3.99%), and March ICE London cocoa #7 (CAH25) closed down -256 (-3.10%). Cocoa prices Thursday extended this week's sharp decline, with NY cocoa posting a 6-week low and ...

ICE NY cocoa (CCH25) today is down -434 (-4.13%), and March ICE London cocoa #7 (CAH25) is down -255 (-3.08%). Cocoa prices ...

The Police have arrested three suspects in connection with the alleged smuggling of cocoa beans to neighbouring countries, specifically, Togo or Burkina Faso, the Ghana Cocoa Board (COCOBOD ...

Bloomberg reported that Hershey wants to take a position allowing ... cocoa prices after some Ivory Coast and Nigerian cocoa farmers last week reported that cocoa trees are beginning to suffer ...

FILE - Cocoa pods are seen at a cocoa farm in Daloa, Ivory Coast October 2, 2023. [File photo: ReutersAnge Aboa] The chief of staff of Ivory Coast’s army has ordered the suspension of five officials ...

The rumours of its demise were not greatly exaggerated. Hershey Canada has confirmed with CityNews that it is discontinuing its Cherry Blossom candy. While the company did not provide a reason, it did ...

The world's leading producer and exporter of cocoa faces a dire outlook after an abnormally dry stretch at the end of 2024 left the nation's farmers concerned about crop yields. According to Reuters, ...

These challenges have led to downward revisions in earnings estimates by several analysts. The most significant challenge facing Hershey is the persistent rise in cocoa prices. Cocoa futures have ...

On Wednesday, Citi analyst Thomas Palmer reiterated a Sell rating on Hershey stock with a price target of $159.00. With shares trading near $155, down over 16% in the past six months according to ...

Yet it hasn't been business as usual for Hershey lately. Soaring prices for cocoa, the main ingredient in chocolate, are a factor, and consumer spending trends haven't been favorable. The company ...

The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America with a market capitalization of $31.4 billion, is navigating a complex landscape of rising cocoa costs ...

The Hershey Company (NYSE:HSY), a leading North American chocolate and confectionery manufacturer with a market capitalization of $30.65 billion, faces significant headwinds as it navigates through a ...